It’s More Than Money

The Social Security Formula

Currently, 1 out of 4 Americans over age 65 count on Social Security (SS) for 90% or more of their income.  And since an individual’s lifetime Social Security benefit can often total more than $1 million, it is worth considering variables that can alter this value. Beyond the obvious (make more money), individuals can delay

What’s a 529 ABLE Account?

Achieving a Better Life Experience (ABLE) accounts are meant to provide tax savings when covering certain living expenses for people who are mentally or physically disabled prior to age 26. ABLE accounts began late in 2014 and have not yet become well known in the community or among many advisers I talk with. In an ABLE

The Quarter In Charts – Q2 2018

Below are some pictures that help illustrate the current investment landscape. All of these charts show us where we’ve been, but none guarantees to show us what will happen in the future. Even though valuations tend to “revert to the mean” and certain data points can be leading indicators, nothing is guaranteed. In fact, that’s

Small Business Retirement Plans

One benefit to being a small business owner is access to more retirement accounts than the typical 401k, IRA, and Roth IRA. While there are many options the three most attractive are the SEP IRA, SIMPLE IRA and Solo 401k. These three plans provide business owners a way to save more while providing a valuable

Annual Financial Checklist (May through August)

This is the second in our three part Annual Financial Checklist series. While not exhaustive, it will help you to continue to think proactively about stacking the odds for financial success in your favor. See our previous “January through April Checklist” for more ideas. May Look into College Scholarships: If you have a child in

4 Myths About Roth IRAs

“Is a Roth IRA right for me?” is a simple question with a complex answer. Even worse, myths and misconceptions surrounding Roth IRAs make them seem more complicated than they are. We’ll address the four most common rules covering withdrawals, contribution limits, home purchases, and taxes. Even if these rules don’t apply to you, it’s